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  1. Credit contraction slows to 2.1 pct in March, loan deductions fall to 146 mln

    EconomyMacroeconomy

    . The breakdown by segment showed that corporate lending balances slipped to 95.87 billion euros in March... at extremely low levels of around 13 million. Individuals & private non-profit institutions’ loan balances... balances edged down to 25.35 billion euros. Deductions increased to 47 million in March. Greek bank credit

    2%
  2. Credit contraction decelerates to 1.9 pct in April, loan deductions drop to 117 mln

    EconomyMacroeconomy

    period. The breakdown by lending activity showed corporate lending balances eased to 95.73 billion... of the preceding three months. Individuals & private non-profit institutions’ loan balances continued heading..., the year to date negative flow reached almost 850 million. Consumer credit balances were kept almost

    2%
  3. Credit contraction stays stable at 2 pct in June, net additions for first time this year

    EconomyMacroeconomy

    in the first half of 2015. The breakdown by lending activity showed corporate loan balances rebounded... housing loans. In particular, housing loan balances slipped to 66.06 billion in June with net... negative flow stands at 1.17 billion. Consumer loan balances slightly fell to 25.27 billion with zero

    2%
  4. What lies at the heart of differences over Greek banks' capital needs?
    Photo by MacroPolis

    Economy

    to be serviced and the anticipated future net interest income incorporated in banks’ business plans

    2%
  5. Pensions main source of finance for half of households as income falls again
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    a household appliance, while 35 percent put off getting their car serviced. While almost one in ten

    2%
  6. Institutions wrap up talks with focus on NPLs, primary residences and budget

    EconomyProgramme

    to offer haircuts on mortgages that are not being serviced, while the state will be able to step

    2%
  7. Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
    Photo by MacroPolis

    EconomyProgramme

    be eligible. Initially, it was proposed that any mortgage that had not been serviced for three months

    2%
  8. Early IMF repayment next goal for Athens after concluding second post-MoU review
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    in reducing NPLs by loans being serviced following a state subsidy on the instalment. The scheme is also meant

    2%
  9. Changes to primary residence protection proposed in bid to draw more applications
    Photo by MacroPolis

    EconomyFeatures

    be able to switch such mortgage payments from the category of bad or unserviced to serviced

    2%
  10. Greek housing market at new juncture as Covid-19 shakes foundations
    Photo by MacroPolis

    EconomyFeatures

    serviced. Golden visas, Airbnb and tax breaks Two new drivers are commonly credited

    2%